Nuclear decommissioning trusts

Experience and commitment

Macquarie Investment Management, which includes the former Delaware Investments, is recognized as a leader in institutional investment management for nuclear decommissioning trusts (NDTs). Our broad range of investment products, focus on long-term performance, and dedication to client services are why we continue to grow our NDT business.

Macquarie Investment Management's experience with NDTs dates to 1987 when we sponsored our first symposium on tax, regulatory, asset/liability, and market implications of decommissioning. Since then, we have sponsored four additional NDT conferences and have been a leading participant in the Utility Decommissioning Tax Group.

Products and services

Macquarie Investment Management offers a full product line and disciplined investment approach.

These features may make our separate-account investment strategies a good choice for NDTs seeking to subsidize liabilities without absorbing undue risk.

NDTs operate in a complex tax and regulatory environment. To address these needs, Macquarie Investment Management has developed specialized expertise, including:

  • Customized portfolios for clients' specific tax situations
  • Controlled turnover to optimize the relationship of investment returns to tax liabilities
  • Specialized systems for sophisticated tax lot accounting and performance measurement

Indexed assets may no longer fit your mandate

Recently, many NDTs have begun to seek active portfolio management to diversify their core equity holdings. Previously, most trusts traditionally invested passively in equities, seeking a conservative approach to an asset class that has only been available to NDTs by law since 1992.

Macquarie Investment Management's, which includes the former Delaware Investments, value equity strategies may be a practical way to restore balance to equity holdings. International equities and real estate investment trusts may be other options for diversifying a NDT's allocation to equities without sacrificing long-term return potential.

This information is not intended to be legal or tax advice. Individuals should seek advice based on their own particular circumstances from an independent tax advisor.